Question 1

What are the top holdings in PBDC?

Accepted Answer

Putnam BDC Income ETF (PBDC) holds 26 securities. View the complete list of top holdings sorted by portfolio weight, showing each security's ticker symbol, company name, asset type, and allocation percentage.

Question 2

How concentrated is PBDC's portfolio?

Accepted Answer

Portfolio concentration is measured by the weight of top holdings. A concentrated portfolio has fewer large positions with higher individual weights, while a diversified portfolio distributes holdings more evenly. Review PBDC's holdings table to analyze concentration risk.

Question 3

What is PBDC's sector allocation?

Accepted Answer

The Sector Allocation chart shows how PBDC distributes investments across different industries like Technology, Healthcare, Financials, and more. This sector exposure helps understand the fund's industry diversification strategy.

Question 4

What countries does PBDC invest in?

Accepted Answer

PBDC's geographic exposure is shown in the Countries tab under Portfolio Allocations. This reveals the fund's international diversification and exposure to different regions and global markets.

Question 5

How diversified is PBDC ETF?

Accepted Answer

PBDC's diversification can be assessed by reviewing its 26 holdings, sector allocation, and geographic exposure. A well-diversified ETF spreads investments across multiple securities, sectors, and regions to reduce concentration risk.

Question 6

What are PBDC's largest positions by weight?

Accepted Answer

PBDC's largest positions are listed in the holdings table, sorted by portfolio weight percentage. The top holdings represent the securities with the highest allocation in the fund's portfolio composition.

#	Symbol	Name	Type	Weight
1	ARCC	Ares Capital Corporation	Stock	12.08%
2	OTF	Blue Owl Technology Finance Corp.	Stock	10.31%
3	O ORCC	Owl Rock Capital Corporation	Stock	7.69%
4	MAIN	Main Street Capital Corporation	Stock	7.67%
5	OBDC	Blue Owl Capital Corporation	Stock	7.51%
6	HTGC	Hercules Capital, Inc	Stock	7.25%
7	BXSL	Blackstone Secured Lending Fund	Stock	6.88%
8	FSK	FS KKR Capital Corp.	Stock	6.19%
9	TSLX	Sixth Street Specialty Lending, Inc.	Stock	5.00%
10	TRIN	Trinity Capital Inc.	Stock	4.33%
11	KBDC	Kayne Anderson BDC, Inc.	Stock	3.84%
12	GBDC	Golub Capital BDC, Inc.	Stock	3.30%
13	BBDC	Barings BDC Inc	Stock	3.21%
14	BCSF	Bain Capital Specialty Finance Inc	Stock	2.83%
15	CCAP	Crescent Capital BDC Inc	Stock	2.80%
16	SLRC	SLR Investment Corp.	Stock	2.65%
17	MSIF	MSC Income Fund, Inc.	Stock	2.61%
18	CSWC	Capital Southwest Corporation	Stock	2.49%
19	MSDL	Morgan Stanley Direct Lending Fund	Stock	2.38%
20	P PINK:MSCF	MSC Income Fund, Inc.	Stock	2.21%
21	A AINV	Apollo Investment Corporation	Stock	2.06%
22	MFIC	MidCap Financial Investment Corporation	Stock	1.94%
23	RWAY	Runway Growth Finance Corp.	Stock	1.86%
24	NMFC	New Mountain Finance Corporation	Stock	1.68%
25	FDUS	Fidus Investment Corporation	Stock	1.44%
26	SSSS	SuRo Capital Corp.	Stock	0.88%
27	TCPC	BlackRock TCP Capital Corp.	Stock	0.68%
28	M MUTF:PGLXX	Putnam Government Money Market Fund Class P	Stock	0.10%

PBDC ETF Holdings: Putnam BDC Income ETF

Portfolio Allocations

Top 28 Holdings by Portfolio Weight